TLDR
The Lido Ecosystem BORG Foundation (the “Foundation”) proposes to change the Easy Track limits in relation to the Liquidity Observation Lab multisig to 5,000 stETH for every 6 months (instead of 2,100 for every 3 months), to reflect the Foundation’s funding needs. This change aims to align on-chain security constraints with operational needs.
Current ET limit of 2,100 stETH for every 3 months
Under existing Easy Track factories (TopUpAllowedRecipients, AddAllowedRecipient, RemoveAllowedRecipient and AllowedRecipientsRegistry) it is possible to transfer funds from the Treasury to the Liquidity Observation Lab multisig under a security limit of 2,100 stETH for every 3 months.
The parameters are as follows:
token = 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84, # stETH
budget amount = 2_100 * 10 ** 18, # 2100
budget period duration (month) = 3, # 3 month
multisig = 0x87D93d9B2C672bf9c9642d853a8682546a5012B5, # reWARDS multisig
recipient(s) titles = [”reWARDS multisig”], # reWARDS multisig
recipient(s) addresses = [0x87D93d9B2C672bf9c9642d853a8682546a5012B5], # reWARDS multisig.
[EGG] Lido Ecosystem BORG Foundation Grant Funding Request (Apr-Dec 2025)
By Snapshot ending 25 March 2025, DAO voters approved the Foundation’s funding request for the remainder of 2025. As part of the Snapshot, the Foundation was granted a total of $8.5M for the Liquidity Observation Lab from 2025-07-01 through 2025-12-31 (”H2 2025 Grant”).
With the existing 3-month limit of 2,100 stETH (roughly $4M at today’s prices), the Foundation is unable to access the full amount of stETH making up the 2025 Grant ($8.5M). Therefore, the Foundation proposes to increase the limit to 5,000 stETH and to change to a 6-month limit (instead of 3-month).
Proposed changes to parameters: 5,000 stETH for every 6 months
The Foundation proposes the following new parameters:
token = 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84, # stETH
budget amount = 5_000 * 10 ** 18, # 5000
budget period duration (month) = 6, # 6 month
multisig = 0x87D93d9B2C672bf9c9642d853a8682546a5012B5, # reWARDS multisig
recipient(s) titles = [”reWARDS multisig”], # reWARDS multisig
recipient(s) addresses = [0x87D93d9B2C672bf9c9642d853a8682546a5012B5], # reWARDS multisig.
Next steps
After the proposed changes are discussed on the forum, a Snapshot vote will follow to gather community feedback. If the community supports the proposal, the suggested changes will be included in one of the upcoming Aragon votes for on-chain implementation.